The New Republic tries to drive a wedge between Paulites and Palinites

[sailingaway]

http://www.tnr.com/article/politics/79223/fed-sarah-palin-war-quantitative-easing

They pretend hard money only benefits the rich, not, for example, all those who want to save money to remain independent in their old age rather than have their savings devalued -- which includes basically everyone.

[hugolp]

http://www.tnr.com/article/politics/79223/fed-sarah-palin-war-quantitative-easing

They pretend hard money only benefits the rich, not, for example, all those who want to save money to remain independent in their old age rather than have their savings devalued -- which includes basically everyone.

Because everybody knows the rich have their savings all in dollars saved in the bank or in their own private safe houses.

The rich dont have their money invested in stocks or properties that will go up with inflation.

No, this is not the case... :rolleyes:

Also, the poor get a lot of benefits from seeing their wages devaluated. They are screaming for it.

High grade BS.